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General Authority for Statistics (GASTAT) issued the report of Gross Domestic Product and National Accounts Indicators for the first quarter of 2023. According to estimates, the real GDP increased by 3.8% in Q1/2023 compared to the same period of last year 2022. During the first quarter of 2023, non-oil activities achieved a growth of 5.4% compared to the same period of last year 2022, according to the report’s results. Government activities increased by 4.9%, and oil activities also increased by 1.4% compared to the same period of last year.  The seasonally adjusted real GDP decreased by 1.4% in the first quarter of 2023 compared to the fourth quarter of 2022, the publication indicated.  It is worth noting that GASTAT is the only official statistical reference for statistical data and information in Saudi Arabia. It carries out all the statistical work, in addition to the technical oversight of the statistical sector. It also designs and implements field surveys, conducts statistical studies and research, analyzes data and information, in addition to documenting and archiving all statistical information and data that cover all aspects of life in Saudi Arabia from its multiple sources. Data are written, classified, and analyzed; their indicators are extracted as well.

General Authority for Statistics issued Saudi Arabia's International Trade Publication for Q1 of 2023. According to the publication, the value of merchandise exports of Saudi Arabia during Q1 of 2023 amounted to SAR 313.5 billion, compared to SAR 367.1 billion during Q1 of 2022, with a decrease of SAR 53.6 billion, by 14.6%. The publication indicated that the value of oil exports in March 2023 recorded 245,4 billion SAR compared to 288,5 billion SAR in March 2022 during Q1, with a decrease of 43,1 billion SAR by 14.9%. On the other hand, the decline of non-oil exports was the main driver of merchandise exports decline. According to the publication's results, the value of non-oil exports (including re-export) during March 2023 amounted to SAR 68,1 billion SAR, compared to SAR 78,6 billion SAR during March 2022, with a decrease of SAR 10,5 billion SAR, by 13.3%. While the value of imports during Q1 of 2023 amounted to 186.4 billion SAR, compared to 157.9 billion SAR during Q1 of 2022 , with an increase of (28.5 billion) twenty-eight billion five hundred million SAR, by (18.0%). It is worth noting that GASTAT is the only official statistical reference for statistical data and information in Saudi Arabia. It carries out all the statistical work, in addition to the technical oversight of the statistical sector. It also designs and implements field surveys, conducts statistical studies and researches, analyzes data and information, in addition to documenting and archiving all works of information and statistical data that cover all aspects of life in Saudi Arabia from its multiple sources. Data are written, classified, and analyzed; their indicators are extracted as well.

General Authority for Statistics (GASTAT) issued, on its official website www.stats.gov.sa, the results of the Industrial Production Index (IPI) for March 2023. (IPI) increased by 4.1% in March 2023, compared to March 2022, according to the publication. This increase mainly originated from the increase in mining, quarrying,  manufacturing, and electricity and gas supply activity. Mining and quarrying activity index increased by 1.6% in March 2023, compared to the same month in the previous year (March 2022). Manufacturing activity also increased by 10.5% in March 2023, compared to March 2022. Electricity and gas supply went up by 16.6% compared to March 2022, according to the monthly publication. It is noteworthy that GASTAT issues a number of Industry-related statistical products, including the industrial production index (IPI), which is an economic indicator that reflects relative changes and evolution in the volume of industrial production quantities based on the data of the industrial production survey. It is implemented monthly and targets industrial establishments operating in the targeted activities, which are mining and quarrying, manufacturing, and electricity and gas supply.

General Authority for Statistics issued Saudi Arabia's International Trade Publication for Q1 of 2023. According to the publication, the value of merchandise exports of Saudi Arabia during Q1 of 2023 amounted to SAR 313.5 billion, compared to SAR 367.1 billion during Q1 of 2022, with a decrease of SAR 53.6 billion, by 14.6%. The publication indicated that the value of oil exports in March 2023 recorded 245,4 billion SAR compared to 288,5 billion SAR in March 2022 during Q1, with a decrease of 43,1 billion SAR by 14.9%. On the other hand, the decline of non-oil exports was the main driver of merchandise exports decline. According to the publication's results, the value of non-oil exports (including re-export) during March 2023 amounted to SAR 68,1 billion SAR, compared to SAR 78,6 billion SAR during March 2022, with a decrease of SAR 10,5 billion SAR, by 13.3%. While the value of imports during Q1 of 2023 amounted to 186.4 billion SAR, compared to 157.9 billion SAR during Q1 of 2022 , with an increase of (28.5 billion) twenty-eight billion five hundred million SAR, by (18.0%). It is worth noting that GASTAT is the only official statistical reference for statistical data and information in Saudi Arabia. It carries out all the statistical work, in addition to the technical oversight of the statistical sector. It also designs and implements field surveys, conducts statistical studies and researches, analyzes data and information, in addition to documenting and archiving all works of information and statistical data that cover all aspects of life in Saudi Arabia from its multiple sources. Data are written, classified, and analyzed; their indicators are extracted as well.